Common use of Board Vote Clause in Contracts

Board Vote. Except as set forth in Section 7.9 and except as provided in Section 3.4 relating to a unanimous Vote of Members, all decisions by the Company (including the incurrence of any liabilities by the Company other than those related solely to the ownership of the Shares) will be made by the affirmative Vote of a majority of the Managing Directors without regard to vacancies.

Appears in 4 contracts

Samples: Operating Agreement (Media One Group Inc), Operating Agreement (Microsoft Corp), Operating Agreement (Tele Communications Inc /Co/)

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